Five Competitive Forces Strategy

The essay is a research on the influence of five competitive forces (entrants, suppliers, customers, substitutes, rivals) on shaping a strategy of the company.

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language

english

wordcount

1031 (cca 2.5 pages)

contextual quality

N/A

language level

N/A

price

free

sources

0

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none

Preview of the essay: Five Competitive Forces Strategy

The Five Competitive Forces that Shape Strategy Key Issues 1) Job of the strategist is to understand and cope with competition. 2) Industry competition and profitability are determined by analyzing the industry structure (underlying causes of five competitive forces). 3) Industry profitability in the medium/long run, positive or negative ...

... total pool of value available to competitors, suppliers and buyers grow. Collaborative work or agreeing on quality standards increase the overall profit pool. The most successful companies are those that expand the industry profit pool in ways that allow them to share disproportionately in the benefits.